FMC Corporation (FMC) Income Statement
FMC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFMC revenue and net income
Where FMC's revenue goes
2025Each bar shows an amount and its share of revenue. FMC kept −64.6% of revenue as net income.
FMC profit margins
FMC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −18.3% | −15.8% | −5.7% | +0.6% |
| Gross profit | −22.2% | −18.7% | −9.1% | +1.4% |
| Operating income | −389.5% | — | — | — |
| Net income | −756.4% | — | — | — |
| EPS (diluted) | −14.7% | −26.4% | −13.7% | +1.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FMC quarterly EPS vs estimates
FMC beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.12).
FMC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.47B | $4.25B | $4.49B | $5.80B | $5.05B | $4.64B | $4.61B | $4.29B | $2.88B | $3.28B |
| Cost of revenue | $2.18B | $2.60B | $2.58B | $3.42B | $2.86B | $2.58B | $2.62B | $2.37B | $1.75B | $1.59B |
| Gross profit | $1.28B | $1.65B | $1.91B | $2.39B | $2.19B | $2.07B | $1.99B | $1.92B | $1.13B | $950.6M |
| Research & development | $266.1M | $278.0M | $328.8M | $314.2M | $304.7M | $287.9M | $298.1M | $287.7M | $141.5M | $141.5M |
| Sales, general & admin | $684.9M | $644.6M | $752.5M | $792.4M | $725.3M | $750.9M | $792.9M | $851.2M | $618.6M | $529.5M |
| Total operating expenses | $3.17B | $3.59B | $1.07B | $1.10B | $1.02B | $945.0M | $1.02B | $982.8M | $621.7M | $573.8M |
| Operating income | −$1.89B | $651.6M | $837.9M | $1.29B | $1.17B | $1.12B | $976.5M | $936.9M | $504.6M | $376.8M |
| Interest income | $239.6M | $235.8M | $237.2M | $151.8M | $131.1M | $100,000 | $1.9M | $1.4M | $900,000 | $600,000 |
| Interest expense | $1.63B | $235.8M | $237.2M | $151.8M | $131.1M | $151.3M | $160.4M | $134.5M | $80.0M | $63.5M |
| Income before taxes | −$1.89B | $252.5M | $300.2M | $983.9M | $897.8M | $729.8M | $655.0M | $608.4M | $180.8M | $180.8M |
| Income taxes | $352.3M | $150.9M | −$1.12B | $145.2M | $92.5M | $150.9M | $111.5M | $70.8M | $264.1M | $50.1M |
| Net income | −$2.24B | $341.1M | $1.32B | $736.5M | $739.6M | $552.4M | $477.4M | $502.1M | $535.8M | $209.1M |
| EBITDA | −$84.7M | $827.9M | $786.2M | $1.30B | $1.20B | $1.04B | $964.8M | $892.7M | $370.5M | $344.9M |
| EPS (diluted) | $2.96 | $3.47 | $3.78 | $7.41 | $6.93 | $6.20 | $6.08 | $6.29 | $2.92 | $2.82 |
| Gross margin | 37.0% | 38.8% | 42.5% | 41.1% | 43.3% | 44.5% | 43.2% | 44.8% | 39.1% | 29.0% |
| Operating margin | −54.4% | 15.3% | 18.7% | 22.2% | 23.1% | 24.1% | 21.2% | 21.9% | 17.5% | 11.5% |
| Net margin | −64.6% | 8.0% | 29.4% | 12.7% | 14.7% | 11.9% | 10.4% | 11.7% | 18.6% | 6.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $867.1M | $758.6M | $1.14B | $489.0M | $1.05B | $791.4M | $1.22B | $1.07B | $1.04B | $918.0M | $1.15B | $981.9M |
| Cost of revenue | $525.0M | $512.0M | $653.5M | $413.3M | $643.2M | $474.4M | $713.4M | $680.9M | $647.3M | $566.3M | $720.3M | $553.0M |
| Gross profit | $342.1M | $246.6M | $483.0M | $75.7M | $407.3M | $317.0M | $510.9M | $384.5M | $391.1M | $351.7M | $425.8M | $428.9M |
| Research & development | $60.4M | $65.5M | $67.7M | $63.3M | $66.4M | $68.7M | $72.2M | $69.0M | $75.9M | $60.9M | $81.8M | $80.9M |
| Sales, general & admin | $179.1M | $185.1M | $168.7M | $167.4M | $176.8M | $172.0M | $156.7M | $159.2M | $169.0M | $168.2M | $176.3M | $175.5M |
| Total operating expenses | $461.8M | $327.6M | $2.14B | $543.0M | $243.2M | $240.7M | $228.8M | $228.1M | $240.8M | $224.9M | $256.3M | $253.9M |
| Operating income | −$119.7M | −$81.0M | −$1.66B | −$467.3M | $164.1M | $76.3M | $282.1M | $156.4M | $150.3M | $126.8M | $169.5M | $175.0M |
| Interest income | — | — | $64.4M | $64.1M | $61.0M | $50.1M | $51.8M | $58.7M | — | — | — | $64.6M |
| Interest expense | $71.3M | $64.8M | $1.45B | $64.1M | $60.5M | $50.1M | $51.8M | $58.7M | $63.6M | $61.7M | $56.7M | $64.6M |
| Income before taxes | −$194.3M | −$149.2M | −$1.48B | −$466.0M | $58.8M | $4.9M | $177.5M | $72.5M | −$5.5M | $8.0M | −$43.4M | $32.0M |
| Income taxes | −$1.5M | $112.1M | $242.2M | $82.2M | $14.4M | $13.5M | $148.0M | $6.0M | −$303.5M | −$1.4M | −$1.20B | $27.4M |
| Net income | −$186.6M | −$281.3M | −$1.72B | −$569.3M | $66.7M | −$15.5M | −$16.8M | $64.8M | $295.1M | −$2.7M | $1.10B | −$3.5M |
| EBITDA | −$81.9M | −$42.4M | $96.0M | −$358.5M | $162.7M | $98.2M | $272.0M | $178.7M | $101.9M | $114.9M | $111.6M | $141.8M |
| EPS (diluted) | $0.26 | −$0.23 | $1.20 | $0.89 | $0.69 | $0.18 | $1.79 | $0.69 | $0.63 | $0.36 | $1.07 | $0.44 |
| Gross margin | 39.5% | 32.5% | 42.5% | 15.5% | 38.8% | 40.1% | 41.7% | 36.1% | 37.7% | 38.3% | 37.2% | 43.7% |
| Operating margin | −13.8% | −10.7% | −146.0% | −95.6% | 15.6% | 9.6% | 23.0% | 14.7% | 14.5% | 13.8% | 14.8% | 17.8% |
| Net margin | −21.5% | −37.1% | −151.4% | −116.4% | 6.3% | −2.0% | −1.4% | 6.1% | 28.4% | −0.3% | 95.8% | −0.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FMC's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FMC financial results
In fiscal year 2025 (ended December 31, 2025), FMC reported revenue of $3.5 billion, down 18.3% from the year before. It had a net loss of $2.2 billion, a net profit margin of −64.6%. Diluted earnings per share came to $2.96. Over five years revenue grew at an average rate of −5.7% a year.
See the FMC stock overview for the latest quote and news, or the FMC chart for price history and technical indicators.
FMC income statement FAQ
What is FMC's annual revenue?
FMC reported total revenue of $3.5 billion for fiscal year 2025, which ended on December 31, 2025. That was down 18.3% from $4.2 billion the previous year.
Is FMC profitable?
No. FMC reported a net loss of $2.2 billion in fiscal 2025, a net profit margin of −64.6%; its operating margin was −54.4%.
What is FMC's gross margin?
FMC's gross margin was 37.0% in fiscal 2025: for every $100 of revenue, FMC kept $37 after the direct cost of its products and services.
How much does FMC spend on research and development?
FMC spent $266.1 million on research and development in fiscal 2025, 7.7% of revenue.
How fast is FMC growing?
Revenue grew −5.7% a year on average over the last five fiscal years, from $4.6 billion to $3.5 billion.
What are FMC's earnings per share?
FMC earned $2.96 per diluted share in fiscal 2025, compared with $3.47 a year earlier.
When will FMC report its next earnings?
FMC is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does FMC's fiscal year end?
FMC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.